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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Goa
  5. Thane
  6. North Goa
  7. MICR: 400020068

MICR Code: 400020068

Bank: Indian Overseas Bank
IFSC Code: Ioba0001978
MICR Code: 400020068
Address: 1 St Floor, Arihant Plaza, Phase 1 Ovala, Ghodbundar Road Thane Pin 400607
City: North Goa
District: Thane
State: Goa

What is MICR Code?

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Details of MICR Code

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 400020068.

  • In this case first three codes 400 is city code and it represents city North Goa.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 068 represents branch. In our case branch is located at address 1 St Floor, Arihant Plaza, Phase 1 Ovala, Ghodbundar Road Thane Pin 400607.

How to find micr code (for example 400020068) from bank account number?

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.